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Retirement Wealth Across Cohorts: The Role of Earnings Inequality and Pension Changes (PDF)
University of Michigan Retirement Research Center [MRRC]
Oct. 14, 2008 43 pages. Excerpt: Changes in labor markets over the past 30 years suggest upcoming changes in the distribution of wealth at retirement. Baby boom cohorts have spent the majority of their prime earnings years in a labor market with increased earnings inequality. This paper investigates how changes in lifetime earnings distributions affect the distribution of retirement wealth among cohorts retiring over the next decade. MORE >> |
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